Newmont Receivables Turnover from 2010 to 2024

NEM Stock  USD 38.55  0.01  0.03%   
Newmont Goldcorp Receivables Turnover yearly trend continues to be very stable with very little volatility. Receivables Turnover is likely to drop to 9.12. During the period from 2010 to 2024, Newmont Goldcorp Receivables Turnover quarterly data regression pattern had sample variance of  90.91 and median of  17.37. View All Fundamentals
 
Receivables Turnover  
First Reported
2010-12-31
Previous Quarter
9.59657702
Current Value
9.12
Quarterly Volatility
9.53473545
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Newmont Goldcorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Newmont main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.8 B, Interest Expense of 353.9 M or Total Revenue of 12.4 B, as well as many exotic indicators such as Price To Sales Ratio of 4.02, Dividend Yield of 0.0427 or PTB Ratio of 1.14. Newmont financial statements analysis is a perfect complement when working with Newmont Goldcorp Valuation or Volatility modules.
  
This module can also supplement Newmont Goldcorp's financial leverage analysis and stock options assessment as well as various Newmont Goldcorp Technical models . Check out the analysis of Newmont Goldcorp Correlation against competitors.

Latest Newmont Goldcorp's Receivables Turnover Growth Pattern

Below is the plot of the Receivables Turnover of Newmont Goldcorp Corp over the last few years. It is Newmont Goldcorp's Receivables Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Newmont Goldcorp's overall financial position and show how it may be relating to other accounts over time.
Receivables Turnover10 Years Trend
Slightly volatile
   Receivables Turnover   
       Timeline  

Newmont Receivables Turnover Regression Statistics

Arithmetic Mean19.10
Geometric Mean16.77
Coefficient Of Variation49.91
Mean Deviation7.80
Median17.37
Standard Deviation9.53
Sample Variance90.91
Range29.3298
R-Value0.44
Mean Square Error79.26
R-Squared0.19
Significance0.10
Slope0.93
Total Sum of Squares1,273

Newmont Receivables Turnover History

2024 9.12
2023 9.6
2022 32.55
2021 36.27
2020 25.61
2019 26.11
2018 20.96

About Newmont Goldcorp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Newmont Goldcorp income statement, its balance sheet, and the statement of cash flows. Newmont Goldcorp investors use historical funamental indicators, such as Newmont Goldcorp's Receivables Turnover, to determine how well the company is positioned to perform in the future. Although Newmont Goldcorp investors may use each financial statement separately, they are all related. The changes in Newmont Goldcorp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Newmont Goldcorp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Newmont Goldcorp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Newmont Goldcorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Receivables Turnover 9.60  9.12 

Newmont Goldcorp Investors Sentiment

The influence of Newmont Goldcorp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Newmont. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Newmont Goldcorp's public news can be used to forecast risks associated with an investment in Newmont. The trend in average sentiment can be used to explain how an investor holding Newmont can time the market purely based on public headlines and social activities around Newmont Goldcorp Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Newmont Goldcorp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Newmont Goldcorp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Newmont Goldcorp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Newmont Goldcorp.

Newmont Goldcorp Implied Volatility

    
  56.17  
Newmont Goldcorp's implied volatility exposes the market's sentiment of Newmont Goldcorp Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Newmont Goldcorp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Newmont Goldcorp stock will not fluctuate a lot when Newmont Goldcorp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Newmont Goldcorp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Newmont Goldcorp's short interest history, or implied volatility extrapolated from Newmont Goldcorp options trading.

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When determining whether Newmont Goldcorp Corp is a strong investment it is important to analyze Newmont Goldcorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Newmont Goldcorp's future performance. For an informed investment choice regarding Newmont Stock, refer to the following important reports:
Check out the analysis of Newmont Goldcorp Correlation against competitors.
Note that the Newmont Goldcorp Corp information on this page should be used as a complementary analysis to other Newmont Goldcorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.

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Is Newmont Goldcorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newmont Goldcorp. If investors know Newmont will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newmont Goldcorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.26)
Dividend Share
1.45
Earnings Share
(3.00)
Revenue Per Share
14.045
Quarterly Revenue Growth
0.237
The market value of Newmont Goldcorp Corp is measured differently than its book value, which is the value of Newmont that is recorded on the company's balance sheet. Investors also form their own opinion of Newmont Goldcorp's value that differs from its market value or its book value, called intrinsic value, which is Newmont Goldcorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newmont Goldcorp's market value can be influenced by many factors that don't directly affect Newmont Goldcorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newmont Goldcorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newmont Goldcorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newmont Goldcorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.